Thread: Bankruptcy
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Old 03-18-2021 | 05:27 AM
  #414  
FlyyGuyy
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Originally Posted by sanicom3205
While that’s true, what’s that have to do with what he’s saying?

His point is that debt is acceptable (and even good) if what you went into debt to acquire pays the costs of ownership. It’s not an exact comparison, no one buys planes to make money off them. The depreciation is built into the economics of purchasing the airplane.
He could have used a rental car fleet to accomplish the same analogy. Lol
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